PLANO,
Texas, July 22, 2024 /PRNewswire/ -- Leading
fiber broadband and technology provider Converge ICT Solutions Inc.
(PSE: CNVRG) is collaborating with Nasdaq-listed firm Ribbon
Communications Inc. (NASDAQ: RBBN) to pioneer in the Philippines the latter's leading-edge
Apollo optical networking system which will optimize data
transmission across the internet provider's backbone network.
Converge is breaking ground on Ribbon's 5 nanometer (nm) -
140Gbaud transmission chipset that will expand its fiber
network capacity from its existing 800 Gigabits per second (Gbps)
to 1.2 Terabit per second (Tbps) per channel within the network,
offering thrice the needed capacity for hyperscale applications
that typically require around 400 Gbps.
According to Converge CEO and Co-Founder Dennis Anthony Uy, the said technology will
equip its network to meet the increasing demand for large-scale
capacity amid the rapid surge in data consumption and acceleration
of cloud-native applications and services.
"Ribbon's solution surpasses our stringent requirements for this
overlay on our existing backbone, enabling us to set a new standard
for innovation. This new technology will bring our customers
unprecedented speed and high bandwidth availability amid the
growing demand for data-intensive applications," said Uy.
Compared to the existing network technology, Ribbon's 5-nm
chipset delivers superior performance, is more energy efficient,
and has better heat management capabilities. This makes it one of
the most sustainable technology for optical networks available
today.
In the long term, these advancements are expected to not only
result in significant power and cost savings for Converge but also
make its network more efficient as it improves reliability,
enhances data transfer speeds, and supports scalability.
Likewise, Converge is also leveraging Ribbon's Muse SDN Domain
Orchestration, which provides the necessary toolsets to maximize
its network capabilities and ensure peak efficiency with
automation, planning, node design, and real-time control.
"We're thrilled to deepen our relationship with Converge ICT
with this major new deployment. Coupled with our technology, our
local presence and proven round-the-clock after-sales support are
key factors in our ability to support Converge ICT as they ramp
their network to meet increasing demands for capacity," said Ribbon
COO and EVP Sam Bucci.
Texas-based Ribbon
Communications Inc. is a global provider of real-time
communications technology and IP optical networking solutions to
many of the world's largest service providers, enterprises, and
critical infrastructure operators to modernize and protect their
networks.
The network technology adoption is just one of the several
investments Converge made over the years to augment its network
infrastructure. In 2021, Converge doubled its metro backbone
capacity to 800 Gbps from its previous capacity of 400 Gbps.
Recently, Converge also inked a Memorandum of Understanding
(MOU) with another US-based technology leader Super Micro Computer
Inc. to jointly establish AI-powered, green data centers in
the Philippines.
ABOUT CONVERGE ICT SOLUTIONS, INC.
Converge
Information and Communications Technology Solutions, Inc.
(PSE:CNVRG) is the fastest-growing fixed broadband service provider
in the Philippines. It is the
first to run an end-to-end pure fiber internet network in the
country, providing Filipinos simple, fast, and reliable
connectivity. Aside from broadband services, Converge also offers
integrated data center and network solutions services.
With over 705,000 kilometers of fiber optic assets nationwide,
it has one of the most extensive fiber networks in the Philippines.
With this fiber-powered network, Converge provides premium
world-class digital experience for residential, enterprise, and
wholesale customers.
Go to https://www.convergeict.com for more information.
About Ribbon
Ribbon Communications (Nasdaq: RBBN)
delivers communications software, IP and optical networking
solutions to service providers, enterprises and critical
infrastructure sectors globally. We engage deeply with our
customers, helping them modernize their networks for improved
competitive positioning and business outcomes in today's smart,
always-on and data-hungry world. Our innovative, end-to-end
solutions portfolio delivers unparalleled scale, performance, and
agility, including core to edge software-centric solutions,
cloud-native offers, leading-edge security and analytics tools,
along with IP and optical networking solutions for 5G. We maintain
a keen focus on our commitments to Environmental, Social and
Governance (ESG) matters, offering an annual Sustainability Report
to our stakeholders. To learn more about Ribbon, please visit
rbbn.com.
Important Information Regarding Forward-Looking
Statements
The information in this release
contains forward-looking statements regarding future events that
involve risks and uncertainties. All statements other than
statements of historical facts contained in this release, including
those regarding the expected benefits from use of Ribbon
Communication's products, are forward-looking statements. The
actual results of Ribbon Communications may differ materially from
those contemplated by the forward-looking statements. For further
information regarding risks and uncertainties associated with
Ribbon Communications' business, please refer to the "Risk Factors"
section of Ribbon Communications' most recent annual or quarterly
report filed with the SEC. Any forward-looking statements represent
Ribbon Communications' views only as of the date on which such
statement is made and should not be relied upon as representing
Ribbon Communications' views as of any subsequent date. While
Ribbon Communications may elect to update forward-looking
statements at some point, Ribbon Communications specifically
disclaims any obligation to do so.
Investor Contact
+1 (978) 614-8050
ir@rbbn.com
Media Contact
Catherine
Berthier
+1 (646) 741-1974
cberthier@rbbn.com
Jay-Anne Encarnado
VP and Head for Corporate Communications and Public Relations
corpocomm@convergeict.com
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SOURCE Ribbon Communications Inc.